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MacroVoices #297 Ole Hansen: Commodity Sector Outlook

Macro Voices

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Is There More Upside in the Dollar?

The dollar index finally broke out of its one month range. Both gold and the dollar broke out, very much consistent with the prediction we've had here on macro voices for years. i am convinced that the luke groman view about the dollar fading out of relevance is going to be proven right in the end some day. But i don't think some day is here yet. Let's give it a few more weeks and see what es. This is a brand new trent.

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